My EOD Stock trades......updated regularly

[Nifty Trader]

Open Positions:

1) Ajanta Pharma bought on 13th Mar @ 436.45. SL below 605.9 CMP - 675
2) TVS Motor shorted on 9th Apr @ 42, SL above 34.8. Trailing SL hit. Exited @ 34.85. Profit = +17%
3) Natco Pharma bought on 23rd May @ 382, SL below 352.7. CMP - 411

Note: Words in Bold denote a change from the last post (esp. SL). Complete trading records can be found on Page 12.

Highlights:

Nifty = +1.4%

Ajanta Pharma up 4.3% today. Now getting into overbought territory. Natco Pharma consolidating after the good upmove of the last few days.

TVS Motor trailing SL hit today. 17% gains in slightly less than 2 months time.

 

[Nifty Trader]

Open Positions:

1) Ajanta Pharma bought on 13th Mar @ 436.45. SL below 605.9 CMP - 710
2) Natco Pharma bought on 23rd May @ 382, SL below 352.7. CMP - 403

Note: Words in Bold denote a change from the last post (esp. SL). Complete trading records can be found on Page 12.

Highlights:

Nifty = Flat close

Ajanta Pharma up another 5.2% today. Unbelievable run from 546 on 16th May to 710 today. This one stock will take care of a large number of SL's in other trades

 

[santoshpasi]

Hi Jai, I have sent you email for sharing me your system. Kindly revert.

 

[Nifty Trader]

Open Positions:

1) Ajanta Pharma bought on 13th Mar @ 436.45. SL below 679.9 CMP - 747
2) Natco Pharma bought on 23rd May @ 382, SL below 352.7. CMP - 399

Note: Words in Bold denote a change from the last post (esp. SL). Complete trading records can be found on Page 12.

Highlights:

Nifty = -1%

Ajanta Pharma up 14% intraday before closing up another 5.3% at 747. I know this is getting repetitive everyday but what can one say when a stock moves like this Time to exit the position is very near one feels. What goes up must come down, temporarily at least, to catch its breath.

 

[Nifty Trader]

Open Positions:

1) Ajanta Pharma bought on 13th Mar @ 436.45. SL below 679.9. Trailing SL hit. Exited @ 678.2. Profit = +55.4%
2) Natco Pharma bought on 23rd May @ 382, SL below 352.7. CMP - 399
3) Shorted Educomp @ 140.5, SL above 152.3. CMP - 140

Note: Words in Bold denote a change from the last post (esp. SL). Complete trading records can be found on Page 12.

Highlights:

Nifty = Flat

Ajanta Pharma exited after 2.5 months with more than 50% returns. Now lets see if the stock gives us an attractive re-entry opportunity at a much lower price.

Asian Paints where we were looking for a slight correction to enter, unfortunately has zoomed without that correction and entry opportunity. Up more than 5% today. No problem. No sense running after the stock now after it has made its move.

 

[Nifty Trader]

Open Positions:

1) Natco Pharma bought on 23rd May @ 382, SL below 352.7. Exited @ 375.1. Loss = -1.81%
2) Educomp shorted on 31st May @ 140.5, SL above 152.3. CMP - 133.85

Note: Words in Bold denote a change from the last post (esp. SL). Complete trading records can be found on Page 12.

Highlights:

Nifty = -2.1%

Educomp (Short) = -5.7%

Exited Natco Pharma with a negligible loss even though original SL was not hit as it has come off from a high of 436 after entry @ 382 and the chart doesnt appear as attractive as it did at the time of entry. Also, current market action doesnt lend itself to going long / holding onto them at this stage. As traders we have to try and be flexible to adapt to current market situations rather than thinking about the market situation at the time of entry.

 

[Reggie]

Thank you Nifty Trader for sharing your experience. It is wonderful reading your post which basically reinforces the importance of following a system and staying disciplined.

Wish you continued and more success to come.

God bless.

 

[Nifty Trader]

Thank you Nifty Trader for sharing your experience. It is wonderful reading your post which basically reinforces the importance of following a system and staying disciplined.

Wish you continued and more success to come.

God bless.

You are welcome Reggie and many thanks for your good wishes Yes, discipline is most important though its easier said than done. Actually trading is simple (not easy though) but people make it complicated.

 

[Nifty Trader]

Open Positions:

1) Educomp shorted on 31st May @ 140.5, SL above 152.3. CMP - 133.25
2) Escorts shorted today (4th June) @ 62.15, SL above 67.15. CMP - 62.6

Note: Words in Bold denote a change from the last post (esp. SL). Complete trading records can be found on Page 12.

 

[Nifty Trader]

Open Positions:

1) Educomp shorted on 31st May @ 140.5, SL above 152.3. CMP - 134.85
2) Escorts shorted on 4th June @ 62.15, SL above 65.05. CMP - 62.75
3) Goenka Diamond bought today (5th June) @ 141.7, SL below 132.2. CMP - 144
4) Mindtree bought today (5th June) @ 625.4, SL below 603.8. CMP - 628.7

Note: Words in Bold denote a change from the last post (esp. SL). Complete trading records can be found on Page 12.